Number of Identified Exporters to Djibouti from Nevada

NVDJIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.00

Year-over-Year Change

100.00%

Date Range

1/1/2007 - 1/1/2016

Summary

The 'Number of Identified Exporters to Djibouti from Nevada' metric tracks the count of Nevada-based companies that export goods to the East African nation of Djibouti. This data point is relevant for understanding Nevada's trade dynamics and engagement with international markets.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This series measures the number of unique exporting entities located in the U.S. state of Nevada that ship goods to Djibouti. It provides insight into the commercial activity and trade relationships between Nevada and the Horn of Africa region.

Methodology

The data is collected through surveys of companies and customs records by the U.S. Census Bureau.

Historical Context

Policymakers and economists use this metric to assess Nevada's export performance and competitiveness in global markets.

Key Facts

  • Nevada is the 7th largest exporting state in the U.S.
  • Djibouti is a major trading hub for East Africa.
  • Export-related jobs account for 11% of Nevada's total employment.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the number of companies located in the U.S. state of Nevada that export goods to the country of Djibouti.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into Nevada's trade relationships and export performance, which is important for understanding the state's economic competitiveness and engagement with global markets.

Q: How is this data collected or calculated?

A: The data is collected through surveys of companies and customs records by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this metric to assess Nevada's export activity and develop strategies to support the state's international trade and competitiveness.

Q: Are there update delays or limitations?

A: The data is published with a lag of several months, and may not capture all exporting entities due to survey limitations.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Djibouti from Nevada (NVDJIA475SCEN), retrieved from FRED.